Bankruptcy Specialist I Salary in New Mexico
Bankruptcy Specialist I Salary in New Mexico
How much does a Bankruptcy Specialist I make in New Mexico? The average Bankruptcy Specialist I salary in New Mexico is $40,113 as of March 26, 2024, but the range typically falls between $35,119 and $42,420. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Bankruptcy Specialist I Salary | $30,572 | NM | March 26, 2024 |
| 25th Percentile Bankruptcy Specialist I Salary | $35,119 | NM | March 26, 2024 |
| 50th Percentile Bankruptcy Specialist I Salary | $40,113 | NM | March 26, 2024 |
| 75th Percentile Bankruptcy Specialist I Salary | $42,420 | NM | March 26, 2024 |
| 90th Percentile Bankruptcy Specialist I Salary | $44,519 | NM | March 26, 2024 |
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What skills does a Bankruptcy Specialist I need?
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Written Communication: Communicating information through written media to educate, inform and influence the target audience.
Benefits Programs: Benefits programs vary greatly, but typically they include medical insurance, life and disability insurance, retirement income plan benefits, paid-time-off benefits, and educational assistance programs.
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
Job Description for Bankruptcy Specialist I
Bankruptcy Specialist I is responsible for the documentation and filing of loan bankruptcy materials with the appropriate attorneys. Ensures full compliance with loan bankruptcy regulations. Being a Bankruptcy Specialist I monitors accounts throughout the loan bankruptcy process and contacts appropriate party when necessary. Verifies the bankruptcy is secured and acquires a copy of the proposed Chapter 13 Plan on all secured accounts. Additionally, Bankruptcy Specialist I captures Chapter 7 reaffirmation agreements to management for approval. Distributes account balances and interest rates to the secured and unsecured balances. Stays current with changing state specific bankruptcy laws. Typically requires a bachelor's degree or its equivalent. Typically reports to a supervisor. The Bankruptcy Specialist I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Bankruptcy Specialist I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Sunland Park, NM | Avg. Salary $37,894 | Date Updated March 26, 2024 |
| Location Abiquiu, NM | Avg. Salary $40,461 | Date Updated March 26, 2024 |
| Location Alamogordo, NM | Avg. Salary $38,808 | Date Updated March 26, 2024 |
| Location Albuquerque, NM | Avg. Salary $40,896 | Date Updated March 26, 2024 |
| Location Alcalde, NM | Avg. Salary $40,461 | Date Updated March 26, 2024 |
| Location Algodones, NM | Avg. Salary $40,374 | Date Updated March 26, 2024 |
| Location Alto, NM | Avg. Salary $38,155 | Date Updated March 26, 2024 |
| Location Amalia, NM | Avg. Salary $40,461 | Date Updated March 26, 2024 |
| Location Amistad, NM | Avg. Salary $39,200 | Date Updated March 26, 2024 |
| Location Angel Fire, NM | Avg. Salary $40,461 | Date Updated March 26, 2024 |
Career Path for Bankruptcy Specialist I
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Bankruptcy Specialist I, the upper level is Bankruptcy Specialist II and then progresses to Bankruptcy Specialist III.
What does a Bankruptcy Specialist I do?
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About New Mexico
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Level of Education for Bankruptcy Specialist I
Jobs with different levels of education may pay very differently. Check the Bankruptcy Specialist I salary of your education level.
- Bankruptcy Specialist I Salaries with a High School Diploma or Technical Certificate
- Bankruptcy Specialist I Salaries with an Associate's Degree
- Bankruptcy Specialist I Salaries with a Bachelor's Degree
- Bankruptcy Specialist I Salaries with a Master's Degree or MBA
- Bankruptcy Specialist I Salaries with a JD, MD, PhD or Equivalent
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About New Mexico New Mexico (Spanish: Nuevo México Spanish pronunciation: [ˈnweβo ˈmexiko] (listen), Navajo: Yootó Hahoodzo pronounced [jòːtxó xɑ̀xʷòːtsò]) is a state ....More
Skills associated with Bankruptcy Specialist I: Banking Software, Filing Court Documents, Inquiry Research/Response, Legal Document Review ...More
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